AML / KYC

AML / KYC

New Zealand-China AML Operation Nets $31mn

By Samuel Riding | 24/08/2016

Forfeiture the largest ever in New Zealand and first related to crimes alleged to have occurred in China.

AML / KYC

Bangladesh Probes Trusts’ Tax Compliance, Sources of Funds

By Samuel Riding | 24/08/2016

Concerns raised by APG on money laundering, but decline in disclosures could be due to shrinking NGO funding.

AML / KYC

SEBI Eases Trading Restriction on Hundreds of Firms

By Samuel Riding | 24/08/2016

Several companies which had been barred from the securities market can now conduct transactions.

AML / KYC

Taiwan Banks Ordered to Tighten Overseas Controls

By Samuel Riding | 22/08/2016

Multiple AML violations found at Mega Bank’s overseas branches.

AML / KYC

CSRC Completes Fund Manager Investigations

By Samuel Riding | 22/08/2016

Regulator says it has investigated 305 firms, found 65 disclosure failures.

AML / KYC

Australian Banks Reject Open Data Call

By Samuel Riding | 22/08/2016

Gap between fintech and traditional banking made clear in responses to Productivity Commission inquiry.

AML / KYC

SEBI Orders AIFs to Establish Dispute Mechanisms

By Samuel Riding | 19/08/2016

Regulator has already instigated platform allowing investors to lodge complaints.

AML / KYC

India Penalises Cooperative Banks for KYC Failures

By Samuel Riding | 18/08/2016

Four lenders fined for violating KYC and other regulations

AML / KYC

Vietnamese Banks Urged to Ease Admin Requirements

By Samuel Riding | 18/08/2016

Central bank deputy general governor says lenders should also promote in-house loan verification.